Diversified Energy and global investment firm Carlyle have announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S. SourceContinue Reading

Iraq Accelerates This Oil Megaproject To Meet 7 Million Bpd Production Target | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jun 24, 2025, 5:00 PM CDT...Continue Reading

BP Prudhoe Bay Royalty Trust is marketing its overriding royalty interest (ORRI) in Alaska’s Prudhoe Bay field—the most prolific conventional oil field in North America—as part of a planned dissolution of the Trust. SourceContinue Reading

Øgreid AS has entered an agreement to acquire 100% of the shares of Ramco Norway from the UK-based company Ramco Pipetech Holdings Ltd. Ramco is an expert in the care and maintenance of Oil Country Tubular Goods (OCTG). SourceContinue Reading

US Crude Oil Inventories See Another Sharp Draw   | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jun 24, 2025, 4:02 PM CDT The American Petroleum Institute (API) estimated that crude...Continue Reading

Lula’s Brazil Doubles Down on Oil and Cash | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 24, 2025, 4:00 PM CDT Brazil’s Lula government is pursuing new oil auctions and refinery...Continue Reading

The latest price slump brings the market back to where it was before Israel attacked Iran on June 12. Traders are now refocusing on a looming surplus later in the year, with a supply surge from producers both inside and outside the OPEC+ alliance set to outpace growth in demand. SourceContinue Reading

Auto Tariffs Add $2,000 to New Car Prices | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 24, 2025, 3:00 PM CDT New tariffs imposed by the Trump administration are projected to increase car prices by an estimated $2,000 per vehicle, with...Continue Reading

UK Prime Minister Keir Starmer has called his government’s 10-year industrial strategy “a turning point” for the nation’s economy, but for an oil and gas lobby the plan must include tax reform for North Sea energy producers.  SourceContinue Reading

Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle East ahead of the U.S. strikes on Iran and President Donald Trump’s ceasefire declaration, according to people familiar with the matter. SourceContinue Reading